Saul would like to exchange land that he owns (adjusted basis $125,000 and FMV of $155,000) for land in a neighboring county (adjusted basis $110,000 and FMV $130,000) plus cash of $25,000. Assume that the parcels of land are qualified property for treating this as a deferred transaction, and that the cash is boot. a. What is Saul’s realized gain? b. What is Saul’s recognized gain? c. What is Saul’s deferred gain? d. What is Saul’s basis in the property received?
Answers
Saul’s realized gain is $30,000 and recognized gain would be $25,000. Saul's deferred gain would be $5,000 and basis in the property received would be $110,000.
To calculate Saul's realized gain, we subtract the adjusted basis of the property given up from the fair market value (FMV) of the property received:
Realized Gain = FMV of Property Received - Adjusted Basis of Property Given Up
Realized Gain = ($130,000 + $25,000) - $125,000
Realized Gain = $155,000 - $125,000
Realized Gain = $30,000
Saul's recognized gain is the lesser of the realized gain or the amount of boot received. In this case, the boot received is $25,000, so the recognized gain would be $25,000.
Saul's deferred gain is the excess of realized gain over the recognized gain. In this case, the deferred gain would be $30,000 - $25,000 = $5,000.
To calculate Saul's basis in the property received, we start with the adjusted basis of the property given up and adjust it for the recognized gain and the boot received:
Basis in Property Received = Adjusted Basis of Property Given Up + Boot Received - Recognized Gain
Basis in Property Received = $110,000 + $25,000 - $25,000
Basis in Property Received = $110,000
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Related Questions
The standard deviation of stock returns for Stock A is 40 %. The standard deviation of the market return is 20%. If the correlation between Stock A and the market is 0.70, then what is Stock A's beta?
Answers
The beta of a stock measures its sensitivity to the overall market movements. It indicates how much the stock's price tends to move in relation to the market. A beta greater than 1 indicates that the stock tends to be more volatile than the market, while a beta less than 1 indicates that the stock tends to be less volatile than the market.
In this case, the formula for beta tells us that the beta of Stock A is equal to the correlation between Stock A and the market multiplied by the ratio of the standard deviation of Stock A to the standard deviation of the market. Given that the correlation between Stock A and the market is 0.70, we can interpret this as Stock A having a positive relationship with the market.
When the market goes up, Stock A tends to go up as well, and when the market goes down, Stock A tends to go down too. The correlation coefficient ranges from -1 to 1, with 1 indicating a perfect positive correlation, 0 indicating no correlation, and -1 indicating a perfect negative correlation. By substituting the given values into the formula, we can calculate Stock A's beta. The standard deviation of Stock A is 40% and the standard deviation of the market is 20%. Therefore, the beta of Stock A is: So, Stock A's beta is 1.4. This indicates that Stock A tends to be more volatile than the market, as its price tends to move approximately 1.4 times as much as the market.
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How many major OEMs manufacture Class 8 trucks
for the North American market?
Answers
Answer:
There are four major OMEs manufacturer trucks for the North American market
A cash discount allows:A.the seller to secure prompt payment, and the buyer to pay a lower price per unit.B.the seller to secure prompt payment, but has no benefits for the buyer.C.the seller to demand payment in cash on demand (C.O.D.) upon receipt of goods.D.the buyer to pay a lower price per unit, but has no benefits for the seller.E.the buyer to always calculate the discount based on the delivery date.
Answers
A cash discount allows the seller to secure prompt payment, and the buyer to pay a lower price per unit.
A cash cut price is a discount in the quantity of a bill that the vendor lets in the client. This cut price is given in change for the client paying the bill in advance than its regular charge date. In 1982, Congress surpassed the Prompt Payment Act to require Federal corporations to pay their payments on a well-timed basis; to pay hobby consequences while bills are made late, and to take discounts.
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In the short run, a perfectly competitive firm should shut down whenever minimum average variable cost exceeds price minimum average variable cost exceeds price A minimum average total cost exceeds price minimum average total cost exceeds price B marginal revenue exceeds marginal cost marginal revenue exceeds marginal cost C marginal cost exceeds marginal revenue marginal cost exceeds marginal revenue D it is losing money
Answers
Answer:
A. minimum average variable cost exceeds price.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Hence, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market
In the short run, a perfectly competitive firm should shut down whenever minimum average variable cost exceeds price.
However, the firms always strive to maximize profits by increasing their level of output, such that P = MC. Also, the firms wouldn't be willing to leave or enter into the market because they are not making any profit, such that P=AC.
The price of gas, which started at $2. 56 per gallon, increased at a rate of 4% per year.
Answers
The function would be: P(t) = \(2.56(1 + 0.04)^t\). The function that models the situation is P(t) = \(A(1 + r)^t\), where P(t) is the price of gas after t years, A is the initial price of $2.56 per gallon, and r is the rate of increase at 4% per year (expressed as a decimal).
The function P(t) = \(A(1 + r)^t\) is a mathematical model that describes how a value (in this case, the price of gas) changes over time. The variable t represents the number of years that have passed since the initial price of gas was $2.56 per gallon. The variable A represents that initial price, and the variable r represents the rate of increase, which is 4% per year in this case.
So the function would be: P(t) = \(2.56(1 + 0.04)^t\)
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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answers
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
Compared to the United States, a developing country is likely to have: A. a higher per capita income B. a lower standard of living C. a lower state of inflation D. a higher gross domestic product
Answers
Answer: B
Explanation:
B : A lower standard of living
Developing countries are not fully formed yet, which would lead to worse infrastructure ie, lower state of living. United states is a developed country, which means higher state of living.
Why are wages and salaries generally determined by the market for labor?
Answers
According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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My question is who has the most achievements on this app
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Explanation:
just look at leaderboard
BrainlyMaster is a very achievable and all moderators
if this helps you then please make me brainlist
Which of the following accounts would not
use T-Accounts?
A. Shareholder's Capital
B. Cash
C. Dividends Payable
D. None of the Above
Answers
I believe the answer is c.
Explanation:
I did some research
Lily Tucker (single) owns and operates a bike shop as a sole proprietorship. In 2021, she sells the following long-term assets used in her business: Asset Sales Price Cost Accumulated Depreciation Building $ 232,800 $ 202,800 $ 54,800 Equipment 82,800 150,800 25,800 Lily's taxable income before these transactions is $193,300. What are Lily's taxable income and tax liability for the year
Answers
Lily’s taxable income for the year is $235,900, and her tax liability for the year is $45,152.50.
Calculation of taxable income and tax liabilityNote: See the attached photo for the proper arrangement of the table in the question.
These can be calculated as follows:
Profit on building = Sales price of building – (Cost of building – Accumulated Depreciation of building) = $232,800 – ($202,800 - $54,800) = $84,800
Loss on equipment = (Cost of equipment – Accumulated Depreciation of equipment) - Sales price of equipment –= ($150,800 - $25,800) - $82,800 = $42,200
Net profit = Profit on building - Loss on equipment = $84,800 - $42,200 = $42,600
Taxable income before transaction = $193,300
Total taxable income = Taxable income before transaction + Net profit = $193,300 + $42,600 = $235,900
In line with the tax rules, we have:
Tax Liability = ((Taxable income before transaction - $85,650) * 28%) + ((17,442 + Net profit) *25%) = (($193,300 - $85,650) * 28%) + (($17,442 + $42,600) *25%) = $45,152.50
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at daisy’s gifts, daisy and her assistant stocked the shelves, marked each item with a price, and kept a sales log so they would know when it was time to reorder. daisy’s unique merchandise attracted shoppers and her shop became quite popular. when daisy found herself doing paperwork rather than serving her customers, she most likely decided to
Answers
when daisy found herself doing paperwork rather than serving her customers, she most likely decided to Embrace technology
What is best example of selling?A sale is a transaction in which an item or service is traded for money. It may also refer to the process of convincing someone or something to buy something. When marketing a product or service, you should concentrate your efforts on presenting the benefits to the consumer.
“Selling” at its most basic level refers to any transaction in which money is transferred for products or services. It defines a technique of convincing a consumer to make a purchase by employing a succession of planned and tailored communication tactics to influence purchasing choices.
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What has the greatest potential to demotivate you and lead you to unproductive activities?
Answers
Answer:
David is a HR generalist
Explanation:
How is the effect of weekly income on household expenditures?
Answers
The impact of weekly income on household expenses can differ based on a number of variables, including the household's financial priorities and goals, its size, and the cost of living in the area.
In general, home expenses may rise along with weekly income. Households with higher incomes may afford additional luxuries, like dining out, entertainment, and vacation. Additionally, they could be able to buy more pricey products like luxurious cars or bigger mansions. Households with increased weekly incomes may opt to save or invest their additional funds instead of raising their spending, nevertheless. Debt, individual financial management techniques, and prevailing economic conditions are only a few examples of the variables that may have an impact on the link between weekly income and family expenses. As a result, the impact of weekly income on household spending is complicated and influenced by a variety of societal and economic factors.
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what approach to strategic hrm deploys bundles of internally consistent hr practices to improve employee ability, motivation, and opportunities across the entire organization?
Answers
The "High performance work system" is the approach deployed by Human resources manager to improve employee ability, motivation, and opportunities.
Basically, the Human resources manager belongs to the department which is responsible for motivating and ensuring the well-being of employees so that productivity can be achieved at the workplace.
The High performance work system is the type of system that creates an environment which allows the employees to be greatly involved in activities which with greater responsibility.
The HRM deploys the HPWS because its allows the employees to feel and take more responsibility for improving the organization's products, services and processes.
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What was the stamp act?
Don't Spam!
Answers
The stamp act is what happened after a war so that The british could pay off there debt
Assume that there is a negative aggregate supply shift. The Fed wants to fight unemployment. They will carry out a A neither a dove or hawk policy B both a dove or hawk policy C dove policy D hawk policy Question 19 Unanswered 1 attempt left Assume that the economy is in a full employment equilibrium. There is an increase in the cost of capital (for example, the cost of machinery increases). The following combination of events are likely to occur A output rises, prices fall B output falls, prices rise . С output rises, prices rise D output falls, prices fall Х Question 20 Unanswered l attempt left The Federal Reserve determines that the equilibrium level of output is above full employment and the economy is showing signs of high inflation. The best response of the Federal Reserve is to A sell bonds B buy bonds C coordinate with Congress D do nothing
Answers
Question 19: In the case of a negative aggregate supply shift, where there is a decrease in aggregate supply, the combination of events that are likely to occur is: B) Output falls, prices rise.
A negative aggregate supply shift typically leads to a decrease in the availability of inputs or an increase in production costs, resulting in reduced output levels and higher prices in the economy. Question 20: When the Federal Reserve determines that the equilibrium level of output is above full employment and the economy is experiencing high inflation, the best response of the Federal Reserve would be:
B) Buy bonds. Buying bonds is a contractionary monetary policy measure that helps reduce the money supply in the economy, aiming to decrease spending and cool down inflationary pressures. By buying bonds, the Federal Reserve decreases the amount of money in circulation, which can help control inflation and bring the level of output closer to the full employment equilibrium.
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Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answers
Answer:
wow
Explanation:
I'm gonna type a random answer
The government claimed that, to illegally control the market, Microsoft used
a. predatory pricing and mergers.
b. predatory pricing and buying out competitors.
c. predatory pricing and forming a cartel.
d. predatory pricing and requiring customers to buy other products.
Answers
Answer:
B. Predatory pricing and buying out competitors
If someone gets their health insurance through Medicaid, that means what
Answers
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
please follow if you can<3
5 th question answer please
Answers
Answer:C
Explanation:
Answer:
c
Explanation:
it is not a flexible mode of transport
use an optimization model to determine the best course of action for your real estate company, using the following assumptions: you wish to maximize the net present value of profit over the next eight quarters. assume 6% irr, compounding quarterly. (so 1.5% per quarter) in each neighborhood in which they open an office, they will achieve a baseline of 5.5% market penetration, and earn a 5% commission on sales. for every .1% the commission you charge decreases, your market penetration will increase by .15%, (down to a minimum penetration of 4% or a maximum of 6%) you must pay rent and utilities in each office you open each month. determine the average cost per gross square foot of commercial real estate in your neighborhood for the last year (in nyc historical). [when determining this value, you should exclude properties where gross square feet or sale price is unknown.] each month you will pay 1.5% of this for rent and utilities for each square foot of office space you rent. you must rent at least 250 square feet of office space, plus 125 for each employee you hire. you may hire up to 3 employees. each employee you hire costs a yearly salary $65,000 including benefits, and increases your market penetration by .5%. your monthly operating budget is $15,000. you may add other assumption you deem realistic so long you provide the explanation in your report.
Answers
The best course of action for the real estate company is to open offices in neighborhoods with higher market penetration and lower commercial real estate costs, hire up to 3 employees, and set commission rates to achieve maximum net present value of profit over the next 8 quarters while staying within the monthly operating budget of $15,000.
To optimize net present value of profit, the real estate company should analyze market penetration, commission rates, and real estate costs in each neighborhood to determine which locations will yield the highest profit.
The company should also hire up to 3 employees to increase market penetration while staying within the operating budget. The commission rate should be set to maximize profit while also taking into account the relationship between commission rates and market penetration.
The company should aim to rent office space in neighborhoods with low commercial real estate costs and high market penetration, and adjust the office space size to meet the minimum requirements while minimizing costs.
Finally, the company should regularly monitor and adjust its strategy to adapt to changing market conditions.
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NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.
Answers
Answer:
I think it's global economy
There is no direct competition in a particular industry, yet a firm operating in such an industry will have almost no control over pricing. This industry is an example of _____.
Answers
Answer: regulated monopoly
Explanation:
A monopoly is a form of business whereby whereby there's only one seller in a particular market.
When there is no direct competition in a particular industry, and yet such firm is operating in such an industry will have almost no control over pricing, this is a regulated monopoly. Government regulates monopoly so that the interest of consumers will be protected.
how much does an tablet get fix in brooklyn new york?
Answers
The nature and severity of the damage, as well as the repair facility choose, all affect how much it will cost to fix a tablet in Brooklyn, New York. It is preferable to look up nearby repair services and request a price depending on your unique requirements.
How much does a tablet repair cost?Android tablets, like iPads and other Apple tablets, can have cracked displays, touchscreen problems, bad batteries, and other issues that can be fixed.
What is the price of repairing a cracked tablet screen?The cost of replacing a tablet's touchscreen can increase by $50 to $75. It is far less expensive to replace the damaged glass with a touchscreen that works. Online providers are typically available for $6 to $20.
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If an error is found when posting to the ledger, how would it be corrected?
Answers
Most time, when an error is found when posting to the ledger, it would be corrected by reversing the incorrect entry and use a second journal entry to record the transaction correctly,
What is a ledger error?In a ledger, the error can be called a wrong posting may be in the forms of posting a wrong amount to a ledger account or posting to the wrong side of an account or double posting.
All these type of errors affect mostly only one side of ledger accounts and they are mostly revealed by the trial balance through disagreement of debit and credit totals.
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Who takes Personal Finance???
Answers
Explanation:
I can try and learn it really quickly...?
True or false: The variable costs of service departments should be charged to consuming departments in a predetermined lump-sum amount, so that the cost of the service can be properly traced to departments, products, and customers. True false question. True
Answers
For the purpose of easy traceability, the variable costs of service departments shall always be charged in a lump-sum amount.
What are variable costs?
The costs which are not fixed in nature are called variable costs. Such costs related to services are a representation of cost making capacities, ready to use.
If such costs are charged in lump-sums to each of the service departments, the exact cost involved in provision of such service can be traced back to the particular department.
Hence, the aforementioned statement regarding the variable costs of service departments holds true.
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F your consumption increases from $30,000/yr to $40,000/yr when your disposable income increases from $84,000 to $96,500/yr, calculate your mpc
Answers
In this case, the MPC is 0.8. Hence, the person will probably spend 80 cents of every dollar of new discretionary income and save the remaining 20 cents.
In this scenario, we are given two sets of data: the change in consumption from $30,000/yr to $40,000/yr, and the change in disposable income from $84,000 to $96,500/yr. We can use this information to calculate the MPC as follows:
MPC = Change in Consumption / Change in Disposable Income
MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)
MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)MPC = $10,000/yr / $12,500/yr
MPC = ($40,000/yr - $30,000/yr) / ($96,500/yr - $84,000/yr)MPC = $10,000/yr / $12,500/yrMPC = 0.8
Therefore, the MPC in this scenario is 0.8, meaning that for every additional dollar of disposable income, the individual will spend 80 cents on consumption.
It is important to note that the MPC is not a fixed number and can vary based on a variety of factors, such as income level, savings habits, and economic conditions. A higher MPC can lead to increased consumer spending and overall economic growth, while a lower MPC can indicate a tendency towards saving and can limit economic expansion. Understanding the MPC is crucial for policymakers and economists in analyzing the effects of fiscal policy and predicting economic outcomes.
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why do companies have to study their environtment first before venturing into new businesses ?
Answers
Answer:
because if they don't how will they know what to do and or look for in competition
Answer:
From getting to know your target audience to exploring potential competitors, market research gives businesses a competitive edge, allowing them to thrive in new environments.
Explanation:
나는 귀엽다